Based on current market analysis, we anticipate Bitcoin's price to continue trending higher over the mid-term (next 2-4 months). However, price movements may ..
The Unwinding
The current state of the global economy is a complex and intriguing topic. Here are a few key points to consider:
The US dollar has been the world reserve currency since the end of World War II
The US has been running a persistent trade deficit, importing goods and services from other countries in exchange for dollars
Countries like China have been running large trade surpluses, but have been investing their profits in US assets rather than their own economy
The global monetary system is facing a crisis, with many experts predicting a significant shift in the way money is valued and traded
Rational Active Allocation - Update (Apr 2025)
In summary:
• Bitcoin's market is volatile, with typical price swings around 5% influenced by sentiment and economic factors.
• Weekend trading is thinner, affecting price movements due to lower liquidity among investors.
• Blackrock's Bitcoin purchases help stabilize the market, attracting more stable ETF buyers.
• Regulatory improvements and potential ETF approvals may legitimize Bitcoin, reducing risks for institutional investors.
• Current market conditions suggest it may be a good time to invest in Bitcoin amid ongoing fluctuations.
Rational Active Allocation - Update (Feb 2025)
Auditing Reserves
I am writing to connect with you and discuss a thought-provoking comparison that has recently caught my attention.
The comparison revolves around the gold reserves held in Fort Knox (or any nation state for that matter), with growing concerns over the apparent absence of recent audits, as opposed to the unique transparency offered by Bitcoin.
Rational Active Allocation - Update (Jan 2025)
After the “Trump inauguration euphoria” the market has entered into range bound mode.
We are still targeting higher for $BTC and assessing the best opportunity to enter.
Liquidity is everything!
I recently saw a chart that really struck home. We will get to this, but it’s worth looking at an interesting trend that has emerged in the world post-Covid.
It seems that now, it's all about the supply of money rather than the cost. This shift has significant implications for both opportunities and risks in the market.